Latest news about Ola Electric Mobility
Goldman Sachs Maintains Neutral on Ola Electric Mobility, Raises Target Price to ₹38.9
Ola Electric Mobility
40.38
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Company Performance:
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More news about Ola Electric Mobility
27May 26
Ola Electric Gets Approval for New Scooter Targeting India's Commercial Mobility Market
Ola Electric Mobility has received regulatory approval for a new electric scooter aimed at India's commercial mobility market, per PTI. The development aligns with the company MD's observations on high EV demand from gig economy workers, reinforcing Ola Electric's strategic focus on commercial and platform-based use cases as key growth drivers in the EV segment.
21May 26
Ola Electric Targets 40,000–45,000 Orders & ₹500–550 Cr Revenue in Q1 FY27
Ola Electric has guided for 40,000–45,000 unit orders and ₹500–550 crores in revenue for Q1 FY27, nearly doubling its Q4 performance. The auto business is targeting positive operating EBITDA and cash flow in FY27 amid demand recovery, while also planning to expand its GigaFactory capacity to 20 GWh through a capital raise at the cell unit level.
21May 26
Citi and HSBC Maintain Cautious Stances on Ola Electric Amid Volume Concerns and EBITDA Pressure
Citi has maintained a Sell rating on Ola Electric with a target price of ₹26, citing a Q4 earnings miss due to lower ASPs despite strong gross margins, and warning that weak volume growth and high fixed costs could keep EBITDA under pressure. HSBC has retained a Reduce rating with a target price of ₹33, noting that delays in scaling battery cell production have weakened a key competitive advantage amid weak volume growth expectations. Both brokerages acknowledged management's focus on cost reduction, efficiency, and EV demand, but maintained cautious stances on the company's near-term financial outlook.
15May 26
Ola Electric Mobility Approves ₹2,000 Crore Investment in Subsidiaries, Completion Set for May 14, 2027
Ola Electric Mobility has approved a ₹2,000 crore investment in its subsidiaries, Ola Electric Technologies and Ola Cell Technologies. The investment is targeted for completion by May 14, 2027. This capital allocation underscores the company's focus on strengthening its subsidiary operations within the electric mobility ecosystem.
14May 26
Ola Electric in Talks to Supply Battery Cells to Global Automakers
Ola Electric Mobility is in talks to supply battery cells to global automakers, potentially marking a strategic expansion beyond its domestic electric vehicle business. The development suggests the company may be looking to commercialize its battery manufacturing capabilities on an international scale. Specific details such as partner identities, deal value, and timelines have not been disclosed. No formal agreements have been confirmed based on the available information.
09May 26
Ola Electric Gets Govt Certification for 4680 Bharat Cell-Powered S1 X+ 5.2 kWh Scooter
Ola Electric Mobility received government certification from ICAT, Manesar under CMVR, 1989 for its S1 X+ 5.2 kWh scooter powered by the indigenously developed 4680 Bharat Cell. The scooter delivers a 320 km IDC range and 125 km/h top speed, becoming the longest range product in Ola Electric's mass market portfolio, reinforcing the company's vertically integrated approach spanning cell development, battery engineering, and vehicle manufacturing.
06May 26
Ola's Full-Stack AI Plans Shrink as Key Leaders Exit Krutrim and Semiconductor Arm
Ola's full-stack AI ambitions have been significantly impacted by the exit of three key leaders from Krutrim's AI division and 10 individuals from its semiconductor arm. These leadership departures, combined with reported funding challenges, have raised concerns about the continuity and execution of Ola's broader technology strategy. The developments signal a period of organizational and financial strain across the company's AI and semiconductor initiatives.
03May 26
Ola Electric Reports 20% Month-on-Month Growth in April 2026 Despite Industry Decline
Ola Electric Mobility Limited delivered strong month-on-month growth in April 2026, with registrations increasing 20% to 12,166 units from 10,133 units in March 2026. The company was the only leading EV two-wheeler brand to achieve growth during a month when the broader industry declined over 22%. The performance was driven by strong traction in the Roadster motorcycle series and increasing adoption of products powered by Ola's indigenously developed 4680 Bharat Cells, which offer enhanced range capabilities.
28Apr 26
Ola Electric Invests ₹127.64 Crore in Battery Manufacturing Unit to Enhance Production Capabilities
Ola Electric has invested ₹127.64 crore into its battery manufacturing unit to enhance cell production capabilities. This strategic investment aims to strengthen the company's vertical integration in the electric vehicle ecosystem and boost manufacturing growth. The funding represents a significant step toward expanding battery production infrastructure and improving the company's position in the electric mobility market.
23Apr 26
Ola Electric Postal Ballot Results: 99.97% Shareholders Approve IPO Proceeds Variation
Ola Electric Mobility Limited successfully completed its postal ballot process on April 22, 2026, with shareholders overwhelmingly approving the special resolution for variation in IPO proceeds utilization and modification of time limit with 99.97% votes in favor. The process was conducted through remote e-voting with BMP & Co. LLP as scrutinizer, showing strong support from promoters (100%), institutional investors (100%), and retail investors (98.71%).
21Apr 26
Ola Electric Launches Sona Weekend Offer With Up To ₹50,000 Benefits For Akshaya Tritiya
Ola Electric has announced its Ola Sona Weekend promotional campaign for Akshaya Tritiya, offering benefits worth up to ₹50,000 across its electric vehicle portfolio on April 18-19, 2026. The comprehensive offer includes the Roadster X+ 9.1 kWh at a discounted price of ₹1,39,999, Gen 3 S1 X and Roadster X models at ₹49,999, and a chance to win the limited-edition Ola Sona with 24-karat gold plated elements.
14Apr 26
Ola Electric Mobility Limited Files SEBI Compliance Certificate for Q4FY26
Ola Electric Mobility Limited filed its mandatory SEBI compliance certificate for Q4FY26 on April 14, 2026, covering the quarter ended March 31, 2026. The certificate from registrar MUFG Intime India confirms proper dematerialization procedures were followed within prescribed timelines. Company Secretary Abhishek Jain submitted the filing to NSE and BSE, ensuring regulatory compliance under SEBI Depositories and Participants Regulations.
13Apr 26
Ola Electric Launches S1 X+ 5.2 kWh Scooter With 320 km Range At ₹1,29,999
Ola Electric officially launched the S1 X+ 5.2 kWh electric scooter powered by indigenously developed 4680 Bharat Cells at an introductory price of ₹1,29,999 valid until April 15, 2026. The scooter delivers 320 km IDC range, 125 km/h top speed, and features an 11 kW mid-drive motor with integrated MCU and Brake-by-Wire system, marking a significant milestone in making high-performance EV technology accessible to the mass market.
13Apr 26
Ola Electric Receives High Court Relief as Orders and CEO Bail Warrant Cancelled
Ola Electric Mobility Limited received comprehensive legal relief as Bombay High Court at Goa quashed consumer commission orders and cancelled CEO bail warrant, with the court determining jurisdictional overreach. The company filed regulatory updates with NSE and BSE on April 13, 2026.
08Apr 26
Aluminium Price Surge Creates Margin Pressure for Electric Two-Wheeler Manufacturers
Rising aluminium prices are creating significant margin pressure for electric two-wheeler manufacturers as supply outlook remains uncertain. Major industry players including Ola Electric Mobility, Bajaj Auto, and TVS Motor are facing ongoing cost pressures that could impact their profitability in the current market environment.
07Apr 26
Ola Electric Announces Indigenous 46100 LFP Cell Readiness Under Regulation 30
Ola Electric has officially disclosed under Regulation 30 the readiness of its in-house developed 46100 LFP cell technology, which is larger than current NMC cells and will enter products next quarter. The company's gigafactory operations show strong progress with current 2.5 GWh capacity scaling to 6 GWh, while thousands of vehicles powered by 4680 cells have covered millions of kilometers on Indian roads, validating the technology's reliability and supporting the End ICE Age vision.
04Apr 26
Ola Electric Gets PLI Certification For Roadster X+ 4.5 kWh Motorcycle
Ola Electric achieved a significant milestone by securing PLI certification for its Roadster X+ 4.5 kWh motorcycle from GARC, making it the first motorcycle in the Roadster lineup to receive this certification. The certification confirms DVA compliance and makes all units eligible for PLI-Auto Scheme incentives. Additionally, the company announced a substantial ₹60,000 price reduction for the Roadster X+ 9.1 kWh variant, bringing the price down to ₹1,29,999, enabled by economies of scale and vertical integration of its 4680 Bharat Cell technology.
02Apr 26
Ola Electric Cuts Roadster 9.1 Price by ₹60,000 as Production Scales Up
Ola Electric announced a ₹60,000 price reduction for its Roadster X+ 9.1 kWh motorcycle to ₹1,29,999, enabled by scaling 4680 Bharat Cell production and cost efficiencies. The company will implement limited purchase windows starting April 3 due to overwhelming demand that surged 5X during the #EndICEAge campaign, while expanding Gigafactory capacity toward 6 GWh.
02Apr 26
Ola Electric Daily Orders Cross 1,000 Units in March 2026 Performance Recovery
Ola Electric demonstrated remarkable business recovery in March 2026 with registrations surging over 150% month-on-month to 10,117 units and daily orders exceeding 1,000 units in the final week. The company became the first EV brand in India to cross 1 million cumulative registrations and filed official shareholders' communication under SEBI regulations confirming the strong performance metrics and V-shaped market share recovery.
26Mar 26
Ola Electric Expands Upgrade Program to 150+ Cities After Strong Response
Ola Electric has significantly expanded its Ola Insiders Upgrade Program to over 150 cities following strong customer response, with over 50,000 customers expressing interest within days of launch. The program now covers 80% of the customer base and offers comprehensive benefits including upgrades up to ₹50,000 for Gen 1 and Gen 2 customers transitioning to Gen 3 vehicles, add-on benefits up to ₹20,000, and referral credits up to ₹5,000, while continuing its concurrent Navratri Mahotsav campaign with benefits exceeding ₹30,000.
25Mar 26
Ola Electric Publishes Newspaper Advertisements for IPO Proceeds Variation Postal Ballot
Ola Electric Mobility Limited has published newspaper advertisements across multiple languages regarding its postal ballot notice for reallocating ₹575 crores from IPO proceeds. The company seeks shareholder approval to transfer funds from research and development to organic growth initiatives (₹100 crores) and debt repayment (₹475 crores), citing evolving market dynamics in the electric two-wheeler industry and successful stabilization of its technology platforms.
17Mar 26
Citi Maintains Sell Rating on Ola Electric, Cuts Target Price to ₹22 Amid Market Share Concerns
Citi has maintained its Sell rating on Ola Electric Mobility while cutting the target price to ₹22 from ₹27. The brokerage reduced revenue estimates by 5-14% for FY26-28 due to market share loss and slower EV adoption. EBITDA break-even is considered unlikely by FY28, with concerns over weak cash generation, despite the stock trading at ~3.5x FY27E EV/Sales with a 10% discount to peers.
16Mar 26
Ola Electric Issues Clarification to BSE on ₹2,000 Crore Battery Fundraise Reports
Ola Electric issued an official clarification to BSE regarding media reports about a ₹2,000 crore fundraise for its battery division, stating that while the company continuously evaluates funding opportunities as part of normal business operations, there are no material developments requiring disclosure at this time.
14Mar 26
Ola Electric Launches #EndICEAge Campaign To Boost EV Adoption With Benefits Over ₹20,000
Ola Electric has launched the #EndICEAge campaign, a nationwide initiative to accelerate India's transition from petrol-powered vehicles to electric mobility. The campaign offers substantial benefits worth over ₹20,000, including ₹10,000 cash discount and extended 8-year battery warranty. The company also introduced a social initiative where customers can get petrol bill refunds and launched Champions Edition models commemorating India's T20 World Cup victory.
10Mar 26
Ola Electric Launches Champions Edition S1 Pro+ and Roadster X+ for T20 World Cup Victory
Ola Electric has introduced Champions Edition variants of its flagship S1 Pro+ (5.2 kWh) and Roadster X+ (9.1 kWh) vehicles featuring distinctive blue livery to commemorate India's third T20 World Cup victory. Available at no additional cost until April 2026, these limited edition vehicles showcase advanced 4680 Bharat Cell technology with the S1 Pro+ delivering 320km range and the Roadster X+ offering 500km range.
03Mar 26
Ola Electric Confirms Roadster Range Starting at ₹79,999 in Strategic Move
Ola Electric has officially confirmed its strategic pricing for the Roadster range at ₹79,999, eliminating the premium barrier between electric and conventional motorcycles. The confirmation comes alongside the company's Holi Mahotsav campaign featuring special offers and enhanced benefits for over 1 million Ola Insiders community members.
01Mar 26
Ola Electric Launches 'Ola Insiders' Community Program with Benefits Worth Up to ₹50,000
Ola Electric has launched 'Ola Insiders', an exclusive community program for its 1 million+ existing customers. The program offers upgrade benefits up to ₹50,000 for Gen 1 and Gen 2 customers moving to Gen 3 scooters and Roadster motorcycles, add-on benefits up to ₹20,000 for additional vehicle purchases, and referral rewards up to ₹5,000 in credits. The initiative aims to support vehicle upgrades, enable multi-Ola households, and expand electric mobility adoption through community engagement.
28Feb 26
Ola Electric Shareholders Approve New Independent Director with 99.93% Majority
Ola Electric Mobility successfully completed its postal ballot process for appointing Mr. Navalur Dattatreya Singh Shashank as Non-Executive Independent Director, receiving overwhelming shareholder support with 99.93% approval rate. The voting process saw 43.97% participation from eligible shareholders, with promoter group showing 100% support and strong backing from institutional and retail investors, demonstrating broad-based confidence in the board's decision.
27Feb 26
Ola Electric Q3 FY26 Results: Revenue ₹470 Crores, Gross Margin Hits Record 34.3%
Ola Electric Mobility Limited reported Q3 FY26 consolidated revenue of ₹470 crores with record gross margin of 34.3%, representing 16 percentage point year-on-year improvement. The company delivered 32,680 vehicles and produced ~72,500 cells while executing comprehensive cost restructuring that reduced quarterly OPEX from ₹840 crores to ₹484 crores, targeting ₹250-300 crores steady state. Management acknowledged service execution challenges but highlighted 90% product satisfaction and 2-3% warranty provisions, with service improvements showing 50% reduction in backlogs and 80% same-day ticket completion.
14Feb 26
Ola Electric Q3 FY26: Record 34.3% Gross Margin Amid Strategic Structural Reset
Ola Electric delivered Q3 FY26 results showing record gross margin expansion to 34.3% amid strategic operational restructuring. Despite revenue decline to ₹470 crores and delivery volumes dropping to 32,680 units, the company achieved significant margin improvements and cost optimization. The Gigafactory scaled to commercial production with 72,418 cells produced, while the company submitted its earnings conference call recording to stock exchanges for regulatory compliance.
01Feb 26
Ola Electric Commences Deliveries of Shakti 9.1kWh Battery System, Secures BIS Certification for 5.2kWh Variant
Ola Electric Mobility Limited has launched deliveries of its Shakti 9.1kWh residential Battery Energy Storage System in Bengaluru, representing India's first domestically manufactured residential BESS solution powered by 4680 Bharat Cells. The company secured BIS certification for both the 3kW/5.2kWh and 6kW/9.1kWh variants, with comprehensive safety compliance including instant 0 ms changeover time and IP67-rated batteries. The systems are priced at ₹1,49,999 and ₹2,49,999 respectively, available through Ola Electric's website and retail network across India, marking the company's strategic expansion into clean energy storage solutions.
30Jan 26
Ola Electric Plans to Impact 5% of Workforce Through Automation Initiative
Ola Electric has announced plans to impact approximately 5% of its workforce as part of a strategic initiative focused on enhancing speed and efficiency through increased automation in frontend operations. This workforce optimization reflects the company's commitment to leveraging technology for improved operational performance and streamlined business processes.
29Jan 26
Ola Electric Mobility Seeks Shareholder Approval for Independent Director Appointment
Ola Electric Mobility Limited has issued a postal ballot notice seeking shareholder approval for appointing Mr. Navalur Dattatreya Singh Shashank as Non-Executive Independent Director for a five-year term from December 05, 2025, to December 04, 2030. The Practo Co-founder and CEO brings over 17 years of digital platform experience to the board. E-voting will be conducted from January 30 to February 28, 2026, through NSDL platform.
20Jan 26
Ola Electric Mobility Shares Fall for 10th Straight Day as CFO Resigns
Ola Electric Mobility shares fell 4.50% on Tuesday, marking ten consecutive days of losses following CFO Harish Abichandani's resignation due to personal reasons. Deepak Rastogi has been appointed as the new CFO. The stock is trading at ₹34.00, near its all-time low, and has declined 78% from its post-listing high of ₹157.00.
19Jan 26
Ola Electric Designates Key Personnel for Regulatory Disclosures Under SEBI Listing Regulations
Ola Electric Mobility Limited has authorized three key managerial personnel - Chairman Bhavish Aggarwal, CFO Deepak Rastogi, and Company Secretary Abhishek Jain - to determine materiality of events and make regulatory disclosures under SEBI Listing Regulations. This formal designation ensures compliance with Regulation 30(5) requirements and streamlines the company's disclosure process to stock exchanges.
19Jan 26
Ola Electric Mobility Announces CFO Transition as Deepak Rastogi Takes Over from Harish Abichandani
Ola Electric Mobility Limited completed a CFO transition on January 19, 2026, with Mr. Deepak Rastogi appointed as the new Chief Financial Officer effective January 20, 2026, replacing Mr. Harish Abichandani who resigned due to personal reasons. The new CFO brings over 30 years of finance and business leadership experience across automotive, manufacturing, and other industries, with expertise in capital markets, M&A, and IPO readiness. Mr. Rastogi has previously advised on equity transactions worth approximately $1 billion and has extensive international experience across multiple regions.
16Jan 26
Ola Electric Secures BIS Certification for शक्ति 9.1kWh Battery Storage System
Ola Electric Mobility has received Bureau of Indian Standards certification for its शक्ति 9.1kWh residential battery energy storage system, marking a significant milestone for India's first domestically manufactured BESS solution. The system features automotive-grade safety standards, zero running costs, and will be available in two configurations starting at ₹1,49,999.00, with deliveries scheduled to begin by end-January 2026.
14Jan 26
Ola Electric Opens 4680 Bharat Cell Platform To Businesses, Announces Delivery Timeline
Ola Electric has expanded access to its 4680 Bharat Cell platform, allowing businesses and startups to purchase cells or 1.5kWh battery packs for diverse applications. The company announced specific delivery schedules for its Ola Shakti residential energy storage system, with 6kW/9.1kWh units starting end of January 2026 and 3kW/5.2kWh units from mid-February 2026. Meanwhile, the company continues deliveries of its Roadster X+ motorcycle with 500km range and scales up S1 Pro+ deliveries across India.
14Jan 26
Ola Electric Expands 4680 Bharat Cell Platform Beyond Mobility, Launches Residential Energy Storage Solutions
Ola Electric has expanded its 4680 Bharat Cell platform beyond mobility, opening sales to businesses and startups for applications in automotive, humanoids, drones, and medical equipment. The company launched Ola Shakti residential energy storage systems priced at ₹1,49,999 and ₹2,49,999, with deliveries starting end of January 2026. Additionally, Ola Electric began deliveries of the Roadster X+ motorcycle (₹1,89,999) featuring 500 km range and scaled up S1 Pro+ scooter deliveries across India.
13Jan 26
Ola Electric Reintroduces Muhurat Mahotsav Campaign with Special Pricing on 4680 Bharat Cell Products
Ola Electric has reintroduced its Muhurat Mahotsav campaign for January 14-15, 2026, featuring special pricing on 4680 Bharat Cell products. The campaign offers Shakti variants with benefits up to ₹1,00,000.00, upgrade bonuses of ₹20,000.00 for existing customers, and exchange bonuses of ₹15,000.00 for ICE vehicle owners. Special Muhurat pricing includes S1 Pro+ 5.2kWh at ₹1,39,999.00 and Roadster X+ 9.1kWh at ₹1,49,999.00, with all offers exclusively available for in-store purchases.
13Jan 26
Ola Electric Launches First Residential Battery Energy Storage System 'Shakti' from Tamil Nadu Gigafactory
Ola Electric has launched its first residential Battery Energy Storage System 'Shakti' from its Tamil Nadu Gigafactory, marking the company's entry into the BESS market. The product, powered by indigenous 4680 Bharat Cells, offers multiple battery and power configurations ranging from 1.5 kWh to 9.1 kWh capacity. Shakti features automotive-grade safety, IP67 protection, and smart energy management capabilities, with reservations now open at ₹999.
12Jan 26
SoftBank Reduces Stake in Ola Electric Mobility to 13.53% Amid Market Challenges
SoftBank Group has reduced its stake in Ola Electric Mobility from 15.68% to 13.53% by selling 94.6 million shares between September 2025 and January 2026. The divestment is part of broader investor exits amid the company's operational challenges, including a 43.16% revenue decline and market share drop from 36.7% to 16.1%. Other major investors including Tiger Global, Hyundai Motor, and Kia Corporation have also reduced their holdings significantly.
12Jan 26
Ola Electric launches 'Shakti', India's first fully made-in-India home energy storage system
Ola Electric has successfully rolled out the first unit of 'Shakti', India's first fully made-in-India residential energy storage system, from its Gigafactory in Krishnagiri, Tamil Nadu. This launch represents the company's expansion beyond electric vehicles into home energy solutions, emphasizing domestic manufacturing and contributing to India's energy independence initiatives.
12Jan 26
Ola Electric expands beyond EVs with launch of residential battery system 'Ola शक्ति'
Ola Electric has launched 'Ola शक्ति', India's first residential battery energy storage system powered by indigenous 4680 Bharat Cells, marking the company's expansion beyond automotive into energy storage. The system offers four configurations ranging from 1kW/1.5kWh to 6kW/9.1kWh, featuring zero maintenance costs, automotive-grade safety, and real-time monitoring capabilities. Reservations are open at ₹999, targeting households, farms, and small businesses as an alternative to conventional inverters and generators.
12Jan 26
Ola Electric Rolls Out First 'शक्ति' Residential BESS from Gigafactory
Ola Electric has successfully rolled out its first शक्ति residential battery energy storage system from its Gigafactory in Tamil Nadu, marking a significant expansion into India's residential BESS market. The system, powered by indigenous 4680 Bharat Cells, is available in four configurations from 1.50 kWh to 9.10 kWh and offers advanced features including zero maintenance costs, intelligent energy management, and weather-resistant design. Now available for reservations at ₹999.00, शक्ति represents India's first fully domestically manufactured residential BESS and demonstrates Ola Electric's strategic diversification beyond automotive into comprehensive energy solutions.
12Jan 26
Ola Electric Mobility Launches 'शक्ति' BESS from GigaFactory with Indigenous 4680 Bharat Cells
Ola Electric Mobility has launched its first 'शक्ति' battery energy storage system from its GigaFactory, entering the residential BESS market with indigenous 4680 Bharat cells. The product is available in various configurations for residential energy storage needs, demonstrating the company's expansion beyond electric vehicles into comprehensive energy solutions through domestic manufacturing capabilities.
12Jan 26
SoftBank Reduces Ola Electric Stake to 13.53% Through Open Market Sales
SoftBank Group has reduced its stake in Ola Electric from 15.68% to 13.53% by selling 94.6 million shares between September 2025 and January 2026, continuing a pattern of institutional investor exits. Multiple global investors including Tiger Global Management, Alpha Wave Ventures, and Z47 have also reduced or completely exited their positions, while the company faces operational challenges with market share declining to 16.1% from 36.7% due to increased competition.
09Jan 26
Ola Electric Plans Major Announcement on Makar Sankranti, January 14
Ola Electric Mobility, under Bhavish Aggarwal's leadership, has scheduled a significant announcement for January 14, coinciding with Makar Sankranti festival. While specific details remain undisclosed, the strategic timing suggests the company is preparing for a notable business development.
09Jan 26
SoftBank Reduces Ola Electric Stake to 13.53% Through Open Market Sales
SoftBank has reduced its stake in Ola Electric Mobility Limited to 13.53% by selling 2.15% through open market transactions between September 2025 and January 2026. This follows a previous stake reduction from 17.83% to 15.68% conducted between July and September 2025. The latest disposal of 94,628,299 shares by SVF II OSTRICH led to a 2.42% decline in Ola Electric's share price to ₹39.49 on January 9.
09Jan 26
Ola Electric Plans Major Announcement on Makar Sankranti
Ola Electric has announced a major announcement scheduled for January 14, coinciding with Makar Sankranti festival. The company posted a cryptic social media message referencing 2026 and "the next chapter of India's energy revolution," suggesting significant developments in clean energy solutions.
09Jan 26
Ola Electric Shares Decline as SoftBank Reduces Stake for Second Time in Six Months
Ola Electric shares declined 1.71% to ₹39.77 after SoftBank reduced its stake for the second time in six months. The stock initially fell 2.32% intraday before recovering slightly. This repeated stake reduction by the Japanese investment giant reflects ongoing institutional portfolio repositioning in the electric vehicle sector.
09Jan 26
SoftBank Affiliate SVF II Ostrich Disposes 94.63 Million Ola Electric Shares Worth Over ₹4,410 Crores
SVF II OSTRICH (DE) LLC disposed of 94,628,299 equity shares of Ola Electric Mobility Limited between September 3, 2025, and January 5, 2026, reducing its stake from 15.68% to 13.53%. The open market transactions worth over ₹4,410 crores triggered SEBI disclosure requirements when the final disposal breached the 2% threshold. The SoftBank affiliate's strategic repositioning maintains substantial presence while complying with regulatory mandates, with Ola Electric's total equity capital remaining unchanged at 4,410,829,885 shares.
06Jan 26
Ola Electric Shares Decline 8% from Day's High, Snapping Three-Day Rally
Ola Electric shares declined 8% from intraday highs, snapping a three-day winning streak that had delivered 22% gains. Despite lower trading volumes, the stock saw higher-than-average share turnover. The recent rally was supported by December performance showing market share recovery to 9.3% from 7.2% in November, driven by the company's Hyperservice initiative addressing operational challenges.
05Jan 26
Ola Electric shares surge 16% as Hyperservice program drives turnaround momentum
Ola Electric Mobility shares surged 8.2% to ₹44.28, extending a 16% rally as the company's Hyperservice transformation program showed early results with 77% same-day service completion. Market share improved to 9.3% in December from 7.2% in November, while the company regained top-three position in nearly a dozen states. Despite reporting net loss of ₹418.00 crore for Q2 FY26, the auto segment achieved positive EBITDA margin of 0.3%, marking first-time profitability in core business.
02Jan 26
Ola Electric Shares Surge 12% in Two Days on Strong December Performance Recovery
Ola Electric Mobility shares gained over 12% in two trading sessions, hitting Rs 40.77 on January 2, 2026, following strong December performance with 9,020 vehicle registrations and market share recovery to 9.3%. The company showed particularly strong momentum in Southern India, reclaimed top-three position in nearly a dozen states, and reported narrowed losses in Q2 while targeting 100,000 unit deliveries for H2.
01Jan 26
Ola Electric Introduces Roadster X Electric Motorcycle Amid Strong 2025 Performance
Ola Electric has introduced the Roadster X electric motorcycle in India, marking its expansion into the motorcycle segment alongside significant 2025 achievements. The company developed India's first indigenous 4680 Bharat Cell technology with 500km range capability, enhanced customer experience through Hyperdelivery and Hyperservice initiatives, and grew its community to over 1 million members while diversifying into residential energy storage solutions.
01Jan 26
Ola Electric Announces Business Turnaround with 9.3% Market Share in December 2025
Ola Electric Mobility Limited reported a significant business turnaround in December 2025, with market share increasing to 9.3% from 7.2% in November, driven by its comprehensive Hyperservice program. The company registered 9,020 units in December and achieved 77% same-day service completion, while expanding its workforce by 1,000+ personnel and deploying a 250-member rapid response team across high-backlog regions.
31Dec 25
Ola Electric Mobility Limited Announces Resignation of Senior Management Personnel Vishal Chaturvedi
Ola Electric Mobility Limited has announced the resignation of Mr. Vishal Chaturvedi, Business Head - Cell and Senior Management Personnel, effective December 31, 2025. The resignation was submitted due to personal commitments, with proper regulatory disclosures filed under SEBI Listing Regulations. Chaturvedi expressed gratitude for his tenure and extended best wishes for the company's continued success.
30Dec 25
Ola Electric Roadster X+ Gets Government Approval With 500 KM Range Capability
Ola Electric Mobility has secured government certification for its Roadster X+ motorcycle, making it India's first electric motorcycle with fully in-house developed 4680 Bharat Cell battery technology. The motorcycle offers an industry-leading range of up to 500 km, targeting Tier-2 and Tier-3 markets where range anxiety has constrained EV adoption.
29Dec 25
Ola Electric shares decline 1.52% despite PLI incentive and Bharat Cell expansion
Ola Electric shares declined 1.52% in Monday trade despite positive developments including ₹366.78 crore PLI scheme approval and expansion of indigenous 4680 Bharat Cell-powered S1 Pro+ deliveries across Tamil Nadu, Kerala, Telangana and Karnataka. The stock faced heavy selling pressure with 70.96% volume on sell side, reflecting investor concerns despite the company's technological achievements and government recognition.
29Dec 25
Ola Electric Market Share Drops to 16% from 37% Previous Year
Ola Electric Mobility has experienced a significant decline in its market share within the electric two-wheeler segment. The company's market share has dropped from 37% to approximately 16%, representing a 21 percentage point decrease. This decline equates to about a 57% reduction in market presence compared to the previous year, indicating a substantial loss of competitive position in an increasingly fragmented market.
28Dec 25
Ola Electric Scales Up Deliveries of Indigenous 4680 Bharat Cell Powered Vehicles
Ola Electric has officially expanded deliveries of its indigenously manufactured 4680 Bharat Cell powered S1 Pro+ scooters across multiple southern Indian states including Tamil Nadu, Kerala, Telangana, and Karnataka. The company has achieved a significant milestone as India's first manufacturer to fully integrate cell and battery pack production in-house, while offering a comprehensive product portfolio ranging from ₹84,999 to ₹1,90,338 across scooter and motorcycle segments.
26Dec 25
Ola Electric shares jump 4% after ₹366.78 crore PLI incentive sanction
Ola Electric Mobility shares surged 4% following the receipt of ₹366.78 crore in PLI-Auto incentives from the Ministry of Heavy Industries for FY25. While the government sanction provides crucial liquidity and endorses the company's manufacturing capabilities, analysts remain divided with mixed ratings as the company navigates ongoing profitability challenges despite the positive market response.
23Dec 25
Ola Electric Subsidiary Completes ₹100 Crore Third Tranche of OCRPS Allotment
Ola Electric Technologies Private Limited successfully allotted 10 crore Series A OCRPS worth ₹100 crore to Ola Cell Technologies Private Limited in the third tranche of its approved ₹877.64 crore fundraising initiative. The transaction represents continued progress in the company's strategic intra-group funding plan, with the preference shares carrying 0.001% dividend rate and optional convertibility features for financial flexibility.
23Dec 25
Ola Electric Launches Same-Day Service Centers, Starting with Bengaluru
Ola Electric Mobility has introduced same-day service guarantee centers, with the first facility opening in Bengaluru. This initiative aims to address customer concerns about service turnaround times in the electric vehicle industry. The company plans to expand this service model nationwide, demonstrating its commitment to improving customer experience and building a robust service infrastructure.
22Dec 25
Ola Electric Confirms Debt Repayment Completion & Full Release of Share Pledges
Ola Electric has issued an official statement confirming the completion of debt repayment using proceeds from promoter share monetization, resulting in full release of all promoter-level pledges representing 3.93% equity. The company maintains its strategic focus on electric mobility while the promoter group continues to hold 34.60% stake with zero encumbrance.
17Dec 25
Ola Electric: Bhavish Aggarwal To Offload 2.78% Stake Over Next Few Days
Ola Electric's co-founder Bhavish Aggarwal will offload a 2.78% stake over the next few days to release pledged shares and repay a ₹260 crore promoter loan. The transaction will eliminate all promoter pledges while maintaining strong 34% promoter control, demonstrating responsible financial management without impacting company operations.
13Dec 25
Ola Electric Launches Same-Day Hyperdelivery Service in Bangalore
Ola Electric has launched its Hyperdelivery service in Bangalore, enabling same-day registration and delivery for 4680 Bharat Cell powered vehicles. This initiative is part of the company's comprehensive Hyperservice platform, leveraging in-house registration processes and D2C model to revolutionize the EV purchasing experience in India.
01Dec 25
Ola Electric Rolls Out Nationwide In-App Service Booking Feature
Ola Electric Mobility has introduced a new digital service offering as part of its Hyperservice initiative. The feature allows customers to book service appointments directly through the Ola Electric app, available nationwide. This move aims to enhance customer experience by reducing wait times, providing a more convenient booking process, and offering easier access to service centers. The initiative reflects the growing trend of digitalization in the electric vehicle industry and Ola Electric's commitment to leveraging technology for improved service offerings.
28Nov 25
Ola Electric Shareholders Greenlight Fundraising Initiative with Overwhelming Support
Ola Electric Mobility Limited received strong shareholder support for its proposal to raise funds through securities issuance. The special resolution passed with 99.83% approval, with 2.76 crore votes in favor. The voting concluded on November 27, 2025, via remote e-voting. This approval grants the company flexibility to raise capital for expansion, research and development, and strengthening its market position in the electric vehicle sector.
12Nov 25
Ola Electric's Bhavish Aggarwal Increases Share Pledge to 10.11% for External Financing
Bhavish Aggarwal, Ola Electric Mobility's founder, has increased his pledged stake from 8.09% to 10.11% in the September quarter. He pledged 13.38 crore shares to Aditya Birla Capital as collateral for a loan to fund a group company. Ola Electric's share price has dropped 43% since its August 2024 listing and over 36% since Aggarwal's first pledge in November. The company reduced its FY26 revenue guidance to Rs 3,000-3,200 crore and approved a Rs 1,500 crore equity fundraise. Ola Electric faces Rs 2,114 crore in debt and interest due by FY30.
11Nov 25
Ola Electric Shares Slump 14% Amid Technical Downtrend and Mixed Q3 Results
Ola Electric's stock has declined 14% over four sessions and is down 72% from its all-time high. Q3 FY24 results show a 43% YoY revenue drop to Rs 690 crore, but a reduced net loss of Rs 418 crore. The company achieved Auto EBITDA profitability for the first time and targets Rs 3,000-3,200 crore full-year revenue. Ola Electric refuted claims of improper battery technology acquisition and announced commercial production of its in-house 4680 Bharat Cell technology.
09Nov 25
Ola Electric Refutes Battery Technology Theft Allegations, Emphasizes Indigenous Innovation
Ola Electric strongly refutes claims of stealing battery technology from LG Energy Solution, calling them baseless. The company emphasizes its focus on indigenous innovation, highlighting its 4680 Bharat Cell with dry electrode technology, which differs from the alleged leaked pouch cell technology. Ola questions the timing of accusations, suggesting they may be driven by foreign competition fears. The company underscores its commitment to innovation with 720 patent filings, 124 granted patents, and a Rs 2,500 crore investment in India's first operational Gigafactory.
07Nov 25
Ola Electric Faces Credit Downgrade and Technology Theft Accusations
Ola Electric, a major player in India's EV market, is confronting significant challenges. Moody's has downgraded the company's credit rating to CAA1 with a negative outlook, potentially leading to higher borrowing costs and reduced investor confidence. Simultaneously, LG Energy Solution has accused Ola of accessing confidential battery technology through a former researcher, adding to existing legal disputes. Despite these issues, Ola Electric maintains a strong position in India's electric scooter market and has launched its own lithium-ion cell production.
06Nov 25
Ola Electric Achieves Auto Segment Profitability in Q2 FY26, Expands into Energy Storage
Ola Electric reported its first profitable quarter in the auto segment for Q2 FY26, with a positive EBITDA margin of 0.3%. The company's consolidated revenue reached ₹690 crore, delivering 52,666 vehicles. Gross margins expanded to 30.7%, driven by operational efficiencies. Ola launched 'Ola शक्ति', a residential Battery Energy Storage System, projecting ₹100 crore revenue in Q4 FY26. The company's Gigafactory commissioned 2.5 GWh capacity, with plans to reach 20 GWh by FY27. Ola targets 100,000 auto deliveries for H2 FY26 and expects FY26 consolidated revenue of ₹3,000-3,200 crore.
06Nov 25
Ola Electric Reports Auto Business Profitability in Q2 FY26, Discloses Overall Loss for Previous Quarter
Ola Electric reported positive EBITDA of 0.30% in its auto business for Q2 FY26, with auto gross margins expanding to 30.70%. The company delivered 52,666 vehicles and achieved consolidated revenue of ₹690.00 crores. However, for a previous quarter, it reported a net loss of ₹495.00 crore on revenue of ₹1,214.00 crore. Ola Electric launched new products, including the S1fea energy storage system, and commissioned a 2.5 GWh cell manufacturing facility. The company targets approximately 100,000 auto deliveries for H2 FY26 and expects FY26 consolidated revenue of ₹3,000.00-3,200.00 crores. The board approved fundraising initiatives and appointed PricewaterhouseCoopers as Internal Auditors.
05Nov 25
Ola Electric Launches S1 Pro+ with Advanced 4680 Bharat Cell Technology
Ola Electric has started delivering its new S1 Pro+ electric scooter, featuring the indigenously manufactured 4680 Bharat Cell battery pack. The scooter offers improved range, performance, and safety. With a 13 kW motor, it accelerates from 0-40 kmph in 2.1 seconds and has an IDC range of 320 km. The S1 Pro+ comes with dual ABS, disk brakes, and multiple riding modes. Priced at ₹1,90,338 for the 5.2kWh version and ₹1,70,338 for the 4kWh version, it's available in various colors. This launch marks a significant step towards India's energy independence in the EV sector.
30Oct 25
Ola Electric Subsidiary Allots ₹250 Crore Preference Shares in Second Tranche
Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility, has completed the second tranche of its private placement by allotting 25 crore non-cumulative, non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹250 crore to Ola Cell Technologies Private Limited. The allotment, approved on October 29, 2025, is part of the company's ongoing efforts to strengthen its financial position. This follows the shareholders' approval for variation of IPO proceeds utilization on August 22, 2025. The company has indicated that details of further tranches will be communicated as funds are infused and allotments are made.
29Oct 25
Ola Electric Faces CCPA Investigation Report Amid Ongoing Legal Battle
Ola Electric Mobility is dealing with multiple legal issues, including a CCPA investigation report and a court case regarding the suicide of a former employee. The Karnataka High Court has allowed police to continue their investigation while cautioning against harassment of petitioners. Simultaneously, Ola Electric is preparing for a potential capital raise of up to Rs 1500.00 crores to fund growth initiatives and strengthen its market position.
28Oct 25
Ola Electric Achieves Milestone with ARAI Certification for In-House Battery Technology
Ola Electric Mobility Limited has obtained ARAI certification for its in-house developed 5.2 kWh battery pack with 4680 Bharat Cells, complying with AIS-156 Amendment 4 standards. This makes Ola the first Indian EV manufacturer to receive approval for completely self-developed 4680 Bharat Cell battery packs. The certified battery pack will debut in the S1 Pro+ model. The certification process involved rigorous testing for water resistance, vibration durability, and thermal shock resistance. This development aligns with Ola's vertical integration strategy, aiming to enhance vehicle range and performance, reduce supply chain dependence, and enable scalability at their upcoming Gigafactory.
27Oct 25
Market Insights: Insurance, Banking, Infrastructure, EV, and Renewable Energy Sectors in Focus
Amnish Aggarwal from Prabhudas Lilladher provided insights across multiple sectors. SBI Life expects 13-14% APE growth and 26-28% VNB margins. Kotak Mahindra Bank showed mixed results with 15% credit growth but increased provisions. NCC remains favored in infrastructure despite NHAI order slowdown. PTC Industries could benefit from rising defense spending. Ola Electric raised ₹1,500 crore and is expanding its Hyperservice platform. The EV market is seeing increased competition from TVS and Bajaj. Solar energy shows long-term potential but is not expected to replace thermal power soon.
25Oct 25
Ola Electric Board Greenlights Rs 1,500 Crore Fundraising Plan
Ola Electric Mobility Limited's Board of Directors has approved a proposal to raise up to Rs 1,500 crore through various methods including equity shares and convertible securities. The fundraising options include further public offer, rights issue, qualified institutional placement, and private placement. This decision is subject to shareholder approval via postal ballot and necessary regulatory approvals. The board meeting was held on October 25, 2025, from 6:35 PM to 7:20 PM IST.
25Oct 25
Ola Electric Faces Service Woes in Goa as Scooter Owners Demand Sales Halt
Ola Electric is facing significant challenges in Goa due to ongoing service issues. Over 2,000 vehicles are awaiting repairs at service centers, leading to customer dissatisfaction. Scooter owners have submitted a memorandum to Chief Minister Pramod Sawant, requesting Ola Electric to stop sales until existing repair issues are resolved. The Chief Minister has stated he would look into the matter. This situation could impact Ola Electric's brand image, sales, and customer trust, highlighting the need for a robust after-sales service infrastructure in the rapidly growing electric vehicle market.
23Oct 25
Ola Electric to Consider Fundraising Proposal Amid Recent Controversies
Ola Electric's board will meet on October 25 to consider raising funds through various methods like private placement, QIP, and preferential issue. The company has closed its trading window from October 1 until 48 hours after financial results are declared. This comes amid an ongoing investigation into an employee's suicide, with an FIR filed against CEO Bhavish Aggarwal for alleged abetment. Ola Electric faces challenges as it seeks to maintain its position in India's electric vehicle market.
22Oct 25
Ola Electric Plans Board Meeting to Explore Fund Raising Options
Ola Electric Mobility Limited has scheduled a board meeting for October 25, 2025, to consider and potentially approve a fund-raising proposal. The company is exploring various methods including private placement, qualified institutions placement, and preferential issue, subject to regulatory approvals and shareholder consent. The trading window for the company's securities has been closed since October 01, 2025, and will reopen 48 hours after the declaration of financial results.
20Oct 25
Ola Electric CEO Faces Legal Action Following Engineer's Suicide
Bengaluru police have filed charges against Ola Electric Mobility CEO Bhavish Aggarwal after the suicide of K Aravind, a 38-year-old engineer. Aravind's suicide note accused Aggarwal and supervisor Subrat Kumar Das of mental harassment and financial exploitation. A suspicious bank transfer of ₹17,46,313.00 to Aravind's account two days after his death led to an FIR being filed. Ola Electric has challenged the FIR in the Karnataka High Court, stating Aravind never raised complaints during his tenure and had no direct interaction with top management. The company described the post-death transfer as a final settlement to support the family.
16Oct 25
Ola Electric Enters ₹1 Lakh Crore BESS Market with Ola शक्ति Launch
Ola Electric has entered the ₹1 lakh crore Battery Energy Storage System (BESS) market with 'Ola शक्ति', India's first domestically designed and manufactured residential BESS. The system, powered by Ola's 4680 Bharat Cells, is available in four configurations ranging from 1.5 kWh to 9.1 kWh, with introductory prices starting at ₹29,999. Ola शक्ति offers up to 98% efficiency, automotive-grade safety, and smart features. Reservations start at ₹999, with deliveries scheduled for Makar Sankranti 2026.
14Oct 25
Ola Electric Set to Unveil New Energy Product on October 17
Ola Electric Mobility Limited, India's largest pure-play EV company, has announced the launch of a new product in the energy space on October 17, 2025. The unveiling will be premiered on the company's official social media handles. Ola Electric has notified both NSE (OLAELEC) and BSE (544225) stock exchanges about this event. The company will provide more information on its investor relations website.
06Oct 25
Ola Electric Achieves Milestone with Government Approval for In-House Ferrite Motor
Ola Electric has become the first company in India to receive government approval for its indigenously developed ferrite motor, a crucial component in electric vehicles. This achievement marks a significant milestone in the company's technological self-reliance and positions it as a leader in EV innovation in India. The development of an in-house ferrite motor could reduce Ola's dependency on external suppliers and potentially lead to better control over production and costs. This approval aligns with the government's 'Make in India' initiative and could have far-reaching effects on the Indian EV landscape, including encouraging further localization of EV component manufacturing.
24Sept 25
Ola Electric's Muhurat Mahotsav Stock Offering Sells Out in Record Time
Ola Electric Mobility's stock offering during the Muhurat Mahotsav event sold out completely within 5 minutes of the event's start. This rapid sellout demonstrates strong investor interest in the electric vehicle manufacturer and could be seen as a vote of confidence in the company's business model and future prospects. The event, typically held during Diwali, highlights the growing traction of the electric vehicle industry in India, with Ola Electric Mobility positioning itself as a key player in this market.
23Sept 25
Ola Electric Launches 'Ola Celebrates India' Campaign with EVs Starting at ₹49,999
Ola Electric unveils 'Ola Celebrates India' campaign, offering electric vehicles at prices starting from ₹49,999. The 'Ola Muhurat Mahotsav' promotion runs for nine days from September 23, with limited daily units. S1 X 2kWh and Roadster X 2.5kW are priced at ₹49,999, while S1 Pro+ 5.2kWh and Roadster X+ 9.1kWh are available at ₹99,999. The campaign aims to make EVs more accessible to Indian households while honoring cultural identity. Ola will announce specific 'Muhurat' time-slots for purchases daily on social media.
19Sept 25
Ola Electric Shares Surge 40% in One Month on Policy Support and Operational Gains
Ola Electric Mobility's shares have rallied 40% in the past month, driven by favorable government policies and improved operational performance. The company filed claims under the Production Linked Incentive (PLI) scheme for its Gen 3 scooters, potentially unlocking significant incentives. The GST Council's decision to maintain a 5% GST rate on electric vehicles further supports the industry. Ola Electric showed improved financial performance with increased gross margins and positive EBITDA margins. The company also secured PLI certification for its Gen-3 scooter portfolio, positioning it for future growth. Despite the recent rally, the stock remains down 33% year-to-date, with mixed technical analyst views on its future performance.
16Sept 25
Ola Electric Reaches 1 Million Production Units, Files Rs 400 Crore PLI Claim
Ola Electric Mobility has become the first Indian pureplay EV company to reach 1 million production units. The company has filed a Rs 400 crore incentive claim under the government's Production-Linked Incentive (PLI) scheme, supported by eligible sales of about Rs 3,000 crore. Ola Electric launched a special edition Roadster X+ to mark the milestone and plans to deliver new models during Navratri. The company is the only two-wheeler manufacturer to receive a PLI incentive last year and has obtained PLI eligibility compliance certification for its Gen 3 scooter portfolio. Despite recent stock gains, Ola Electric has faced challenges over the past year with a -45.73% performance.
12Sept 25
Ola Electric Appoints Abhishek Jain as Company Secretary and Compliance Officer
Ola Electric Mobility has appointed Mr. Abhishek Jain as Company Secretary and Compliance Officer, effective September 12, 2025. Jain, an Associate Member of ICSI with a Diploma in Corporate Governance, brings extensive experience in corporate secretarial functions and regulatory compliance. He has been with Ola Electric since 2024, contributing to fund-raising, acquisitions, and corporate restructurings. The board expressed confidence in Jain's expertise as a valuable asset to the company.
04Sept 25
SoftBank Reduces Ola Electric Stake as Shares Tumble Amid GST Cut Concerns
Ola Electric's stock dropped nearly 8% to Rs 63.71 due to concerns over a recent government decision. The GST on two-wheelers with engine capacity up to 350 cc was reduced from 28% to 18%, potentially impacting electric two-wheeler demand. SoftBank Group reduced its stake in Ola Electric by 2.15%. Despite the decline, some analysts maintain positive outlooks with price targets between Rs 90 to Rs 100. Ola Electric recently received approval under the government's PLI scheme for its Gen 3 S1 scooter lineup.
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